Answers: 1
Another question on Business
Business, 22.06.2019 18:00
Biochemical corp. requires $600,000 in financing over the next three years. the firm can borrow the funds for three years at 10.80 percent interest per year. the ceo decides to do a forecast and predicts that if she utilizes short-term financing instead, she will pay 7.50 percent interest in the first year, 12.15 percent interest in the second year, and 8.25 percent interest in the third year. assume interest is paid in full at the end of each year. a)determine the total interest cost under each plan. a) long term fixed rate: b) short term fixed rate: b) which plan is less costly? a) long term fixed rate plan b) short term variable rate plan
Answers: 2
Business, 22.06.2019 21:10
The blumer company entered into the following transactions during 2012: 1. the company was started with $22,000 of common stock issued to investors for cash. 2. on july 1, the company purchased land that cost $15,500 cash. 3. there were $700 of supplies purchased on account. 4. sales on account amounted to $9,500. 5. cash collections of receivables were $5,500. 6. on october 1, 2012, the company paid $3,600 in advance for a 12-month insurance policy that became effective on october 1. 7. supplies on hand as of december 31, 2010 amounted to $225. the amount of cash flow from investing activities would be:
Answers: 2
Business, 23.06.2019 18:10
Which one of the following best describes pro forma financial statements? select one: a. financial statements expressed in a foreign currency b. financial statements where the assets are expressed as a percentage of total assets and costs are expressed as a percentage of sales c. financial statements showing projected values for future time periods d. financial statements expressed in real dollars, given a stated base year e. financial statements where all accounts are expressed as a percentage of last year's values
Answers: 3
Business, 23.06.2019 20:00
What is comparing the cost of a business plan to the monetary value of the benefit derived from the same plan known as?
Answers: 1
You know the right answer?
A loss on the constructive retirement of a parent's bonds by a subsidiary is effectively recognized...
Questions
Social Studies, 16.04.2020 05:57
Chemistry, 16.04.2020 05:57
Mathematics, 16.04.2020 05:57
Health, 16.04.2020 05:57
Biology, 16.04.2020 05:57
